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PSMI opening office in Grand Prairie, TX

Jon Traver Opens PSM Office Roswell, NM, 2/04/08 - PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of a PrimeSource...

Thousands of Texans to benefit from affordable, government approved mortage plan

HUD Secretary highlights Bush Administration's fight against foreclosure SAN ANTONIO, TX - January 25, 2008 - More than 18,000 Texas families could be eligible for a safer, more affordable government-insured mortgage that is pending approval by the U.S. Congress, U.S. Housing and Urban Development Secretary Alphonso Jackson announced today.

Register Today for MBA’s 2008 National Technology in Mortgage Banking Conference & Expo –...

Register today! MBA's 2008 National Technology in Mortgage Banking Conference & Expo approaches technology from three key perspectives-business solutions, risk management and technology implementation....

Indictments Handed Down for Mortgage Fraud

AUSTIN – A Dallas Grand Jury indicted five individuals on felony charges for a mortgage fraud scam involving 10 residential properties with a total...

Senate Passes Cornyn-Backed Bill to Make Housing More Affordable For Texas Veterans

Provisions in military tax relief package open low-interest home loan program to all Texas veterans WASHINGTON - December 20, 2007 - The U.S. Senate unanimously...

PSMI Opening Office In Grapevine, TX

Roswell, NM - November 19, 2007 - PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of another independently owned...

40 Year Sentence Handed Down for Harris County Mortgage Fraud

AUSTIN, TX - November 9, 2007 – A district court in Houston has sentenced Stevie L. Johnson, a former licensed Escrow Officer, to 40 years...

U.S. Labor Department recovers nearly $2 million in back pay for Houston home mortgage...

HOUSTON — Allied Home Mortgage Corp. in Houston has paid $1,855,518 in back wages after an investigation by the U.S. Department of Labor's Wage...

Mortgage Assistance Center Corporation Obtains $50 Million Investment Facility

DALLAS, Oct. 30 /PRNewswire-FirstCall/ -- Mortgage Assistance Center Corporation (OTC Bulletin Board: MTGC) (the "Company"), headquartered in Dallas, announced today the signing of a...

Senator Shapleigh Requests Special Session On Subprime Lending And Texas Foreclosures

"We believe certain counties in Texas are headed for record foreclosures and decreased property values unless strong actions is taken." EL PASO, Oct. 16, Senator...

Dallas Real Estate Investor Sentenced To More Than 11 Years In Federal Prison, Without...

DALLAS, October 19, 2007 — Vernon Cooks, Jr., a/k/a Jibreel Rashad, was sentenced today to 135 months in federal prison for operating a mortgage fraud...

Biggest Mortgage Lenders

DALLAS, Oct. 22 /PRNewswire/ -- A preliminary analysis of third quarter earnings data indicates residential mortgage originations fell 19.19 percent from the second quarter,...

Clients of Foreclosure Assistance Solutions urged to call their lenders immediately

SAN ANTONIO, October 19, 2007 – The 408th District Court has issued a temporary injunction against a Florida-based “foreclosure rescue” scheme. Under the court order...

State housing agency releases $160 million for First Time Homebuyer program

AUSTIN, October 3, 2007 — Keeping the dream of homeownership alive despite a slow-down in the mortgage market, the Texas Department of Housing and Community...

Houston Real Estate Sales Reflect Disparity of Mortgage Woes

Broader Local Housing Market Continues to Outperform Rest of Nation HOUSTON, Sept. 20, 2007 — While it may sound like a broken record saying the...

Attorney General Abbott Reaches $21 Million Settlement Benefitting Victims of Predatory Mortgage Lending

Consumers must complete and mail forms to the settlement administrator no later than Sept. 10, 2007. EL PASO – Texas Attorney General Greg Abbott announced...

First-Time Homebuyer Mortgage and Down Payment Assistance Funds Available

AUSTIN, TEXAS – Travis County homebuyers can now get a 4% down payment assistance grant and 6.30% mortgage rate through a bond program issued...

Recent

House Passes Conaway’s George W. Bush Childhood Home Act

Monday, the House of Representatives passed Congressman Mike Conaway’s H.R. 3008, the George W. Bush Childhood Home Study Act. This legislation, which passed 382-4-2, aims to preserve the Midland home of the Bush family as a national landmark.